U.S. Dollar Index Fades And Helps To Inflate Markets

The U.S. Dollar Index started the morning very strong as problems in the European Union seems to grow on a daily basis. Portugal is the country in focus today as it was downgraded by S&P. When the U.S. Dollar Index declines it will usually help to inflate most commodities and asset prices. This morning when the U.S. Dollar Index was trading at it’s intra-day peak the major stock indexes were negative, however, once the U.S. Dollar Index declined the major stock indexes have reversed and are now traing in positive territory. This inverse relationship between the U.S. Dollar Index and the stock market always seems to come back in play. The U.S. Dollar Index has declined by 15.0 percent since June 7, 2010.

About Nicholas Santiago 575 Articles

Affiliation: InTheMoneyStocks.com

Nicholas Santiago started trading in 1991. In 1997, he became a licensed Series 7 and 63 registered representative. He managed money for a large, affluent private client group. After applying his knowledge to his client base, he decided it was time to begin teaching those interested in learning his methods. He is an expert in Technical Analysis. He has become an accomplished technician in the studies of Elliot Wave, Gann Theory, Dow Theory and Cycle Theory. In 2007, he partnered with Gareth Soloway to form InTheMoneyStocks.Com and realize his dream of educating others about the truth of the markets.

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